4017 Channel Place, Newport Beach, CA 92663
- $2,500,000
- 5
- BD
- 4
- BA
- 2,861
- SqFt
- Sold Price
- $2,500,000
- List Price
- $2,550,000
- Closing Date
- May 11, 2020
- Status
- CLOSED
- MLS#
- OC20062365
- Year Built
- 1964
- Bedrooms
- 5
- Bathrooms
- 4
- Living Sq. Ft
- 2,861
- Lot Size
- 2,583
- Acres
- 0.06
- Lot Location
- 0-1 Unit/Acre, Cul-De-Sac, Irregular Lot, Sprinkler System, Value In Land
- Days on Market
- 0
- Property Type
- Single Family Residential
- Style
- Mid-Century Modern, Traditional
- Property Sub Type
- Duplex
- Stories
- Two Levels
- Neighborhood
- Newport Island (Newi)
Property Description
First Time On Market! Once in a lifetime property located on the ONLY 45 foot waterfront lot on all of Channel Place with amazing sunset and peekaboo ocean view South-Western exposure. The home is a single parcel zoned R2 lot with a 3 bed 2 bath lower unit and a 2 bed 2 bath + den upper unit. Both upper and lower units have amazing channel views, both with full open concept floor-plans and living room fireplaces. Upper unit has a dual master setup with large vaulted ceilings and a mid-century modern feel and a large full property-width deck off the living room and master. Lower unit has a large brick-layed courtyard leading out to the largest water-frontage and dock(ability) on the south-side of the island. This property is located at the far North end of Channel Place; Cul-de-sac location with parking both in the two garages and on both sides of street. Property has great bones with a ton of potential for both a multi-family living compound or amazing two unit investment with full cosmetic renovation. Property is a FIXER and is sold in as-is conditions with no promises or warranties implied or expressed; Property is sold as part of a Trust. We have had a ton of off-market interest and the owner wishes to bring it to market. Don't miss this amazing investment opportunity on the widest south-facing lot on Newport Island !
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Additional Information
- Other Buildings
- Second Garage, Two On A Lot
- Appliances
- Convection Oven, Dishwasher, Electric Range, Free-Standing Range, Disposal, Gas Range, Gas Water Heater, Range Hood, Vented Exhaust Fan, Water Heater
- Pool Description
- None
- Fireplace Description
- Family Room, Gas, Masonry, Wood Burning
- Heat
- Forced Air, Fireplace(s)
- Cooling Description
- None
- View
- Canal, Harbor, Ocean, Peek-A-Boo
- Exterior Construction
- Brick, Drywall, Shake Siding, Stucco
- Patio
- Deck, Open, Patio, Stone
- Roof
- Asphalt, Shingle
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Newport Mesa Unified
- High School
- Newport Harbor
- Interior Features
- Beamed Ceilings, Wet Bar, Balcony, High Ceilings, In-Law Floorplan, Living Room Deck Attached, Open Floorplan, Storage, Unfurnished, Jack and Jill Bath, Main Level Master, Multiple Master Suites
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Dale Austin (dalemaustin@me.com) from Listing Office: Compass.
Listing sold by Brad Hinman from Compass
Mortgage Calculator
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